Quote:
Originally Posted by W9TR
There is no ceiling on the price of in-demand luxury goods. None.
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Luxury goods are always in tandem with all other asset bubbles. The last decade brought cheapest interest rates in history with virtually free money and corporate leveraging beyond wildest imagination. Stock market at an all time high with valuations through the roof. What can possibly go wrong?
Of course the increased global interest in high end audio also spurred on all kinds of demand for exotic as well as value oriented items. The sky is no longer the limit.
To the moon we go!
If one believes it will never end... one should not read history books.
